Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
EUROPEAN SAFETY MAINTENANCE from Charleroi, company number BE0465348887, closed financial year 2025 with a result of € -271,942 after tax. For that financial year EUROPEAN SAFETY MAINTENANCE recorded a gross margin of € 2.3 million and equity of € -575,580. Compared with financial year 2024, the result moved from € -369,328 to € -271,942. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ -575,580
▼ € 279,457 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -271,942
▲ 26 % less loss than in 2024
Profit after tax over the fiscal year.
€ 123,294
▼ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
28.6
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 4% vs 2024
€ 76,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 94,471
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 304,342
▼ 22% vs 2024
€ 259,388 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2 million
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 335,513
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,889,103 | € 2,102,026 | € 1,996,427 | € 2,252,835 | ▲ 13% |
| Profit after taxes | € -205,852 | € -505,010 | € -369,328 | € -271,942 | ▲ € 97,386 |
| Equity | € 599,095 | € 83,379 | € -296,123 | € -575,580 | ▼ € 279,457 |
| Total debts | € 2,701,136 | € 2,959,350 | € 2,867,672 | € 3,689,649 | ▲ 29% |
| Cash | € 289,849 | € 192,148 | € 143,445 | € 123,294 | ▼ 14% |
| Land & buildings | € 415,136 | € 353,259 | € 319,644 | € 309,847 | ▼ 3% |
| Retained profit | € -762,056 | € -1,267,066 | € -1,636,394 | € -1,908,336 | ▼ € 271,942 |
| Bank debt | € 497,639 | € 474,602 | € 389,191 | € 304,342 | ▼ 22% |
| Balance sheet total | € 3,318,339 | € 3,059,201 | € 2,586,549 | € 3,129,069 | ▲ 21% |
| Employees (FTE) | 27.1 | 30.3 | 29.2 | 28.6 | ▼ 0.6 |
Key figures of EUROPEAN SAFETY MAINTENANCE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to EUROPEAN SAFETY MAINTENANCE?
What happened at EUROPEAN SAFETY MAINTENANCE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MARC UBAGHS stepped down as director. NBB
- ARNAUD DOSSIN stepped down as director. NBB
- CHRISTIAN COLLES stepped down as director. NBB
- CEPS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 271,942. Source: NBB ↗
- MARC UBAGHS became a director. NBB
- ARNAUD DOSSIN became a director. NBB
- CHRISTIAN COLLES became a director. NBB
In short
From € 205,852 loss in 2022 to € 271,942 loss in 2025.
Paid € 9,016 in corporate taxes since 2022.
On average € 78,800 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of ETABLISSEMENTS PHILIPPE, 50% of VIDYAS SCRL FS and 33.3% of TRAINING SOLUTIONS itself.
Directors
According to the 2025 annual accounts
Vice-chairman of the board · represented by Philippe Hella
Also active at: A-FIRST, Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail, CEGIS, TRAINING SOLUTIONS
since 2024 · until 2027
MARC UBAGHS
Director
Also active at: A-FIRST, Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail, Centre Européén Pour la Sécurité, CEGIS, PRAXIS, VIDYAS, TRAINING SOLUTIONS
since 2025 · until 2028
ARNAUD DOSSIN
Director
Also active at: Centre de Recherche et d'Etudes sur la Sécurité, l'Ergonomie et la Promotion des Conditions de Travail, Centre Européén Pour la Sécurité, BATI-TENDANCE
since 2025 · until 2028
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue de la Providence 114
6030 Charleroi
Rue du Charbonnage 52
4100 Seraing
Active since 3 February 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.348.887
- VAT number
- BE 0465.348.887
- Registered office
- Rue de la Providence 114, 6030 Charleroi
- Names & denominations
- EUROPEAN SAFETY MAINTENANCE · ESM
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 28 January 1999
- Peppol
- Active · Active since 8 May 2025
- Activities · NACE
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Speur- en ontwikkelingswerk op het gebied van de maatschappij- en geesteswetenschappen
Speur- en ontwikkelingswerk op het gebied van maatschappij- en geesteswetenschappen
Groothandel in andere machines en werktuigen, n.e.g.
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Overige gespecialiseerde detailhandel in artikelen, andere dan voedingsmiddelen, n.e.g.